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Renewable energy in Africa: €24 million to develop innovative projects and boost electrification on the African Continent

At the Africa CEO Forum which opened this morning in Geneva, AFD Group – in partnership with the European Union – unveiled the “African Renewable Energy Scale-Up facility”, designed to boost private sector investment in on–grid and off-grid renewable energy production in Africa.
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Senegal: confirmation of the boom in solar power

In the wake of the Senergy* project, construction is set to begin on one of West Africa's biggest photovoltaic power plants.

Following the beginning of work on Senergy, West Africa's largest solar power plant, last May, Proparco has stepped in again with a loan of €18.4 million to finance the construction and operation of a second 30 MWc photovoltaic plant in Senegal. Proparco will also act as arranger for this operation.
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